A part of the core team sat together today and discussed what to do with the unclaimed stakes and the stakes taken from socks.Below is a proposal listing what to do with the unclaimed stakes and socks, giving percentages for each proposal. These have not been agreed upon by the entire team and will most likely be subject to change. However, we feel it's important to also get feedback from the community.

Three requests:Please keep comments constructive !Don't ask for exact numbers - we don't have them yet !Don't tell us to launch instead of thinking about this stuff !

~ 10% node rewards10% shall be used to reward people that run nodes. 10% would be enough for rewarding 100K NEM per day for 3 years, for people who run nodes.

~ 10% silver coinsAbout 10% shall be used to give each stakeholder the possibility to get a physical silver NEM coin from the Perth Mint. The coins would be issued as assets and can either be sold for on the AE or redeemed for an actual NEM silver coin.

~ 45% community fund with strict governanceThe majority of the unclaimed and sock stakes, i.e. 45%, shall be put in a community fund as a decentralized autonomous organization. This fund would be used for projects that the community deems worthy. Anyone could come and request funding, and if the community feels it is a worthy project that will help NEM then the project can get funding. The exact governance for this fund is still to be discussed (dev veto, how many people in charge, who are those people, etc…) https://forum.ournem.com/ideas/nem-community-fund-(aka-nemtopia)/ outlines the basic idea.

~ 2.5% mobile appNEM will need a mobile app in order to reach average users. We're already in contact with a company and 2.5 % would be enough to develop a first class mobile app for NEM.

~ 32.5 % future redistribution projectsThe first question that comes up is probably, "What the hell are redistribution projects?" What is meant by this is that we want to fund projects that will ultimately "give back" to the community and the ecosystem: the creation of sustainable loops (NEM ecosystem creation). Projects that will drive NEM further and therefore raise it's value. This could be actually giving out NEM to stakeholders or creating a NEM village. The exact governance for this fund is also still to be discussed but it will most likely be a mix of core team and community. Transparency and multi-sig use of funds are key. THIS FUND WILL NOT GO INTO THE POCKETS OF OUR DEVS!!!

Nem Village - community close loop (not exactly, but as much as possible). These will be physical locations where the community is a small township of 100K-200K population. THe objective is to encourage everyone to make use of the NEM block chain to do everything as much as possible, including local government use, etc.

A NEM village is a physical village that is a sustainable loop. That is, everyone there will use NEM in their daily life and sell things online for NEM.

Without a sustainable NEM-using loop, people will just convert to fiat. If Dell accepted NEM, they would convert to fiat immediately and it wouldn't help us. So the creation of sustainable loops is absolutely essential, otherwise we are just wasting time and money.

We can use hybrid frameworks such as phonegap or ionic to make an mobile app that can be used in both Android and iOS platform. I saw that proposal of hiring a company making a mobile app. While outsourcing could be one-off event, it might not be sustainable because we all know that software needs to be maintained and updated all the time. Is the said company going to do that ? and in what condition ?I have some experiences of working with ionic and I may work on a basic NEM mobile app if there is a bounty. The bounty is mainly for the future maintainers and collaborators of the app.

We can use hybrid frameworks such as phonegap or ionic to make an mobile app that can be used in both Android and iOS platform. I saw that proposal of hiring a company making a mobile app. While outsourcing could be one-off event, it might not be sustainable because we all know that software needs to be maintained and updated all the time. Is the said company going to do that ? and in what condition ?I have some experiences of working with ionic and I may work on a basic NEM mobile app if there is a bounty. The bounty is mainly for the future maintainers and collaborators of the app.

We tried to get people to work on a mobile app since May or so, and several people PMed me, but it never went anywhere, even promising NEM for their work. Using hybrid frameworks such as phonegap was also considered, but there are idiosyncrasies across devices and also some user interfaces cannot be made using software like that. Because was want to make the apps open source and extensible in the future, creating native iOS and Android apps was seen as the best option.

My vote is the Mobile App for android OS and iOS (later) because its imperative for average users to manage NEM funds from a cell phone. My second choice is node rewards because, the network in my opinion is backbone of NEM and hopefully to incentive new users to start harvesting become important nodes. Basically the outcome would be increasingly new users maintaining the network and mobile app that seamlessly/securely manages NEM funds.

My vote is the Mobile App for android OS and iOS (later) because its imperative for average users to manage NEM funds from a cell phone. My second choice is node rewards because, the network in my opinion is backbone of NEM and hopefully to incentive new users to start harvesting become important nodes. Basically the outcome would be increasingly new users maintaining the network and mobile app that seamlessly/securely manages NEM funds.

My vote is the Mobile App for android OS and iOS (later) because its imperative for average users to manage NEM funds from a cell phone. My second choice is node rewards because, the network in my opinion is backbone of NEM and hopefully to incentive new users to start harvesting become important nodes. Basically the outcome would be increasingly new users maintaining the network and mobile app that seamlessly/securely manages NEM funds.

My vote is the Mobile App for android OS and iOS (later) because its imperative for average users to manage NEM funds from a cell phone. My second choice is node rewards because, the network in my opinion is backbone of NEM and hopefully to incentive new users to start harvesting become important nodes. Basically the outcome would be increasingly new users maintaining the network and mobile app that seamlessly/securely manages NEM funds.